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Question from a begginer trader

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1 Question from a begginer trader on Thu Nov 12, 2009 6:57 pm

Greetings fellow neimoidians,
i turn to you with a question about buying buildings.How big income can a Council Flats produce?Or is it better to buy a Church for 925,000 credits?

Excuse me for the stupid question but this is my first trade and i want to see if its worth buying it(775,000 credits).

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2 Re: Question from a begginer trader on Thu Nov 12, 2009 7:14 pm

Tal Ercrow

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Tribune of State
Tribune of State
Hmm.. council flats and churchs wont get you that much FI. You're better off buying a single office or tavern, if you're looking for high FI.

If you don't have the right amount of money currently, the NIC would be happy to loan you the necessary funds Smile

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3 Re: Question from a begginer trader on Thu Nov 12, 2009 7:22 pm

I do have 1mil now but there are no offices or taverns(powered) at price around that on Centrepoint market right now.Thanks for the advise i will definetly not buy that council now.

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4 Re: Question from a begginer trader on Thu Nov 12, 2009 7:32 pm

Tal Ercrow

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Tribune of State
Tribune of State
no offices or taverns(powered) at price around that on Centrepoint market

This is because as we grow closer to the end of the month, no one wants to sell there facilities before their FI comes! Wink

If you can wait till December, there will be loads of offices and taverns on sale.

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5 Re: Question from a begginer trader on Fri Nov 13, 2009 4:00 am

Zair Darea

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Assemblyman
Tal Ercrow wrote:If you can wait till December, there will be loads of offices and taverns on sale.

How come?


TIA

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6 Re: Question from a begginer trader on Fri Nov 13, 2009 1:04 pm

Salamku Derov

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Tribune of Operations
Tribune of Operations
People try to get the most out of their FI, so they'll sell them at the start of a month rather than the end

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7 Re: Question from a begginer trader on Fri Nov 13, 2009 2:27 pm

Zair Darea

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Assemblyman
Ah, that so. I meant it's something about December thats special.

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8 Re: Question from a begginer trader on Fri Nov 13, 2009 8:14 pm

Does unpowered Buildings still give you income?Or do they need to be powered?

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9 Re: Question from a begginer trader on Sat Nov 14, 2009 7:19 am

Salamku Derov

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Tribune of Operations
Tribune of Operations
Ah, that so. I meant it's something about December thats special.

I am not sure that I follow you.


Does unpowered Buildings still give you income?Or do they need to be powered?

Nope, they need to be powered to provide income, they technically speaking aren't "on" if they aren't powered

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